Critics say the $2.5 billion project was handed to the Chinese company without any competitive bidding, which is required by law, and a parliamentary panel asked the government that succeeded the Maoist-led coalition to scrap the deal

he Indian government majority-owned bank is also looking at options to re-enter Vietnam, where it closed its office long ago, possibly through a partnership, Sengupta said, noting the Vietnamese economy, and trade between the Southeast Asian nation and India, were growing rapidly

The aid will be granted to the Power Transmission and Distribution Efficiency Enhancement Project (PTDEEP) which supports expansion of the transmission lines in various areas of Nepal and enhancement of the distribution efficiency in the northern part of Kathmandu, according to a statement issued by the ministry

Nearly 600 tourists, including 200 Indians, have been stranded in central Nepal's popular tourist district Chitwan due to flooding triggered by heavy rains that have claimed 49 lives, officials said today.